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Walsh Benefits / AssuredPartners | Agencies Issue FAQ Guidance on Cost Sharing Limits

AssuredPartners Compliance ALERT - June 2, 2015

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Agencies Issue FAQ Guidance on Cost Sharing Limits


 

On May 26, 2015 the Departments of Labor (“DOL”),  Health and Human Services (“HHS”), and Treasury (collectively the “Agencies”) jointly issued FAQ guidance (“FAQs About Affordable Care Act Implementation Part XXVII”) addressing the application of cost sharing limits under the Affordable Care Act (“ACA”) to certain group health plans. As a reminder, for plan or policy years beginning in 2015 the in-network annual maximum cost sharing limit/out of pocket maximum for self-only coverage is set at $6,600 and $13,200 for coverage other than self-only and for plan or policy years beginning in 2016, these amounts increase to $6,850 and $13,700, respectively.
 

 

 

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